Fisher Inc. wants to bring about a radical change to the current skills that exist in the organization, so they will employ internal growth strategies.
<h3 /><h3>Change management</h3>
It is an approach that should be used when an organization decides to implement significant changes that will impact administrative routines and the work of employees.
The purpose of change management is to prepare and support employees to adapt to changes that will occur in the work environment, generating greater transparency, compliance and reducing resistance.
Therefore, it is essential that when defining internal growth strategies that generate changes, the organization analyzes, monitors and evaluates the changes so that the new processes occur successfully and generate benefits for the company.
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Answer:
A put option is out of the money if the strike price is less than the market price of the underlying security. The holder of an option contract can exercise the option at any time before expiration.
Explanation:
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Answer and Explanation:
1. The Journal entry is shown below:-
Notes receivable Dr, $33,000
To Sales revenue $33,000
(Being sales is recorded)
2. The computation of interest is shown below:-
Interest = $33,000 × 4% × 6 ÷ 12
= $660
3. The Journal entry is shown below:-
Cash Dr, $33,660
To Interest income $660
To Notes receivable $33,000
(Being collection of notes receivable is recorded)
Existing business with a proven record. When you ask for investments, the lending institution will most definitely ask for your financial track record. They would want to know if you are a good paymaster because they will need the assurance that you can pay them back. Even if you have a really original idea and want to start a new business, there will still be some reservation if you have no track record because the lenders do not know if you are trustworthy or not. Unlike if you already have a proven record that you are a good paymaster, then you at least have proof that you can pay back.
